Jefferies banker Carter McIntosh, 28, found dead in Dallas

Carter McIntosh, a 28-year-old investment banker at Jefferies Financial Group in Dallas, was found dead in his apartment, prompting an investigation by local police into the 'unexplained' circumstances of his death. Jefferies CEO Richard Handler and President Brian Friedman expressed their condolences in an internal memo, acknowledging McIntosh's contributions to the firm since he joined in September 2023. The cause of death remains unknown, and police have stated that the investigation is ongoing. Following his death, discussions among Jefferies employees have highlighted concerns regarding the bank's demanding work culture, with some claiming it has become excessively harsh. Comparisons have been made to the case of another investment banker from Bank of America whose death last year sparked similar discussions about workplace conditions in the industry. McIntosh previously worked at Moelis & Co. and Goldman Sachs before joining Jefferies, and he had graduated from Seton Hall University in 2018.